Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1887-12-10

ed debt mich, 5o soH s,N .i'a' 'ne present pond
interest nnd ,ho ,I,,'. ,s.u'".N Vt Itss rate OF
new security, ,,ia a., -, ooV"oeh the Ola anu
the snrnlre IL 49, - rc' r"on' "iUe mho'ng use Tor
this nlon ., ts n.',,,.,'l "'lF, 'he success ot
pulition ~ tbn ta,,' ~ r'uhi uepeho upon the
and il is ma. a,,,i,.9I.I VI .ne preseh' neha4 J
MOI, 49, Vn'itVlS certhh that the Induce
in moro nroncial honas, nm Mouiu result
thsn the purcbogo a, "a ''io "oNeriiiiIei't
PROPOSITION yvorId no5. u'nos' wnle the latter
debt ny octu,l ,1a,,. 'no pIlhclple OF the
The rronosit,, ''ii.Vo' " extending H.
the Govcr,s,gn, i, poo.. 'nc money heid oy
t,N Hif1se hv tbo o''',NS 'nIoushout 'he coun-
ceedingv ohi.n,t,,a,bi - IL eoe'is 10 me- ex-
lishinp too closa ~ :" p',i,eip'e Us estto-
operations of ,bn ,,,.ay',,,. pst"oeh the
business ofthe cn,n,',, nv ioasdry ana the
mnglnp of tbci , w 80 W. W. 'vs; @ Ne ~ e'' '
natural sr,s,r,,'t., W. 'ostSrf'g ah uh'
funds. jr this sahen,o eho,nd ~, ~" ,, tu''i. =.
should only be done as n tomnorar,, evred,ant
to meet an urgent necessity Tng,sl,ti,,o ,,,,,
| Executive effort should scner,lv he In ,ho a.,
posite direction and shonla bnvc a tontano,, r.
divorce, as much and n, fast as can sato,v ho
done, the. Treasury 'Dennr,mnnt from yrivats
4 enterprise,
Of course, ii is not expected that Unnecessary
and eStraeagant appropriations will he made
| Tor the purpose of avoiding the accunulot;o. ,r
an excess of revenue. Such expenditure heside
the decentralization of all inst concpntions m
public duty which it entails, st;mr,ates bahit
Of reckless impruytence not in The leas, con
sisient with the mission of orr neonle ar tte
| high and benefcent purposes of onr covern-
ment.
have deemed If nv duty to thus brirg n the
knowledge of nv countymen. nc well as IN the
attention of their rrprcscnt,tivrs choroed vim
the rosponsihlity of legislative reia, mo ,,ri,,i
ty Of our financial situa,inn The failure of tho
! tongress heretofore to nro,ida oooinc, tbo
dangers which 1t was quite evident the vervna
ture of the difficulty must noressnrilv nroduce
caused u condition of financial distress and mn.
prehenson since your last hdiourhmont vhiet,
taxed 10 the utmost Mi tbn onthority and n,.
prdients within executive control. and thesn
appear TOW to be exhausted
If DISASTER RESULTS
from the continued inacuon of Congress- the re.
sponsibility must rest where il beonds
| Though the situation thus far tonsitl-
cred IL frouuht with danger which
should be fully rcnli2ed and though it
presents features OF wrong TO the people as well
rs peril to the country IL is but a result grow NJ,
out of perfectly palpable and apparent cause,
constantly reproducing the sane ALARMING cir
! stances--a congostrd National Treasury and
| q depleted monetary condition in the business
! OF the country. II need hardly be stated that
| while the present situation demands remedy,
| In tbo f,,trr. b,, tho rcr,,,,,oi of ,ts no,,.a
0,,r c,,,c,ro og t,v,,i,r l,. ,,,,,,,,r - .,,;i,
This rap,lless srr,,lus 4. tol.on fr,, ,bo 49,,
| and nv, irto tho nr,,iic tro,.,r,. n,nsis,s ~ q,
| tartG or dptv lnvind uron ir,,,orto,ions s.,,,,
| abroad and internal ra,p,ra tovag lario, ,,,,,,r
| the consumption Of tobacco and spiriuous and
malt liquors. II must he conceded that none Of
| the things subjected to internal revenue taxa
! tion arc strictly speaking nocessaries; there
| appears to be no just complaint Of this taxa
| tion by the consumers OF these articles, ana
! there seems 10 be nothing so well able to bear
the burden without hardship to any portion Of
| the people.
But our present tariff laws, the
VICIOUS. INEorlT\ NILE AND TTOGIrAL
| Source Of unnecessary taxation. ought to he at
| once revised and amended These laws ts their
primary and plain effect. raise the price TO con
sumers of all articles imported and subject to
| duty by precisely the sum paid for such duties,
| Thus the amount OF the duty measure; The
tax paid by those who purchase for use
these imported articles MANY of these
things however. are raised or manufactured
! IN our own country ANA the duties now lcY-
led upon foreipn goods and products aie
called protection to these home manrfac-
turelS' because they render Ii possible for
| those OF our people who are manufacturers to
make these taxed articles and sell them for
price equal to that demanded for the imported
goods that have paid customs duty. So II hap
pens that, while comparatively few use the
| imported articles, millions of our people. who
never use and never saw any of the foreign
| products, purchase ana use things OF The same
| KIND made in this country, ana pay therefor
nearly or quite the same enhanced price whicn
| the duty adds to the imported articles. Those
who buy imports pay the duty charged thereon
into the public treasury, but the great majority
OF our citlzens, VINO buy domestic articles OF
the same class, pay sum AT least approximately
equal to this duty, to the hone manufacturer.
This reference TO the operation of our tarih
laws is not made by way of Instruction, but in
order that we may be constantly reminded OF
the manner III "ihch they impose hhrdeh upon
those VINO consume domestic products as well
as those VINO consume imported articles ana
thus create tax upon all our people,
~ Is NOT proposed TO entirely reheFe me
country oi tills laNatlon' IL must pc extensively
continued as 'he source OF 'he Government lh-
come ana IN rcad!Hstlheht oil our tarid me m
'ereStS oi Ah'cri'an i,,poF chSnseu III n'aHuiac'
lure shouid pe careiully cohsldered' as wei MS
the preservation OF our manufacturers IL may
ne caleu pfo,e'tioh' OF ny any olher name, put
rchci from the hoIuNhips ana uahgers oi our
present 'atln laws shoulu DC ueNised WIN espec-
laI precaut!on against importing the existence
Oh our MISUNDERSTANDING interests. hul 'hls